134
134
Jan 30, 2013
01/13
by
CNBC
tv
eye 134
favorite 0
quote 0
rick santelli, how do you see it? do you think we'll see a similar story when we get the jobs numbers out on friday? >> i think the jobs numbers will be spotty. i find it fascinating. not one person has mentioned adp so the gdp moved adp off the front page and below the fold. listen, the reason we have fair value is the s&p cash, for example, closed at 4:00 eastern. the futures just closed at 4:15, and if we can show a chart s&p futures right after the cash close, they made new lows and closed within three-quarter points of the new lows. might give you something to look at for tomorrow morning. >> thanks, gentlemen. see you soon. facebook shares moving on the heels of the quarterly result. let's get to seema modi recapping the latest action in tech. >> reporter: all eyes on facebook and its earnings report. a beat on its top and bottom line. mobile active users also up. seeing the stock move lower though after hours. remember, the stock has already gained about 30% over the last three months, so perhaps we're seeing t
rick santelli, how do you see it? do you think we'll see a similar story when we get the jobs numbers out on friday? >> i think the jobs numbers will be spotty. i find it fascinating. not one person has mentioned adp so the gdp moved adp off the front page and below the fold. listen, the reason we have fair value is the s&p cash, for example, closed at 4:00 eastern. the futures just closed at 4:15, and if we can show a chart s&p futures right after the cash close, they made new...
177
177
Jan 31, 2013
01/13
by
CNBC
tv
eye 177
favorite 0
quote 0
that's what we're focused on rather than trying to get the market direction perfect. >> rick santelli, what are you seeing inters of the energy complex there, in terms of trading on that floor? >> well, i'll tell you what, you know, there was a comment by jeff cox the last hour talking about, you know, we're getting close to $100 oil. it doesn't seem to be having an effect on the market. traders here mesmerized by the lack of interest in the marketplace in the recent geopolitics period, so i do think that there's a whiff of commodity-type, energy-type inflation. i think the ultimate independence regarding energy, the greens aside, is going to be somewhat of a balancing act in that regard, and in terms of tomorrow's number, you know, it's always about jobs, but there's going to be a lot more digging in these reports. remember, it's not only going myself looking at labor norse participation rate with the trigger of 6.5%, i think ben bernanke is going to at least weigh in on what's real and what's memorex in terms of any drop in the unemployment rate. >> i want to get back to the energy
that's what we're focused on rather than trying to get the market direction perfect. >> rick santelli, what are you seeing inters of the energy complex there, in terms of trading on that floor? >> well, i'll tell you what, you know, there was a comment by jeff cox the last hour talking about, you know, we're getting close to $100 oil. it doesn't seem to be having an effect on the market. traders here mesmerized by the lack of interest in the marketplace in the recent geopolitics...
181
181
Jan 2, 2013
01/13
by
CNBC
tv
eye 181
favorite 0
quote 0
this is a fiscal ease. >> rick santelli, monster real for equities, but the selloff in bonds, treasuries, was modest compared to the buying we saw in stocks. what do you make of that? >> it was open up eight basis points higher, and it's been glued basically to 183, 184 ever since. i think personally there's a lesson to be learned by that. i think that the fixed income market may have higher rates, but i think that that may be a bit overzealous to think that they are going to be significantly high. i mean, we're up 308. all is fixed in the world. the president is somewhere in hawaii yelling four and the cbo is yelling 4 trillion more, and warren buffett's secretary still going to pay higher taxes than warren buffett, but everything is good in the world. >> hey, i've got a great idea. let's borrow trillions of dollars and make sure interest rates are zero percent and everything is going to be great. wait, didn't we try this also, and didn't it end in complete disaster? why do we expect something different this time? >> i'm not sure that you can argue that if you go back and look at what's
this is a fiscal ease. >> rick santelli, monster real for equities, but the selloff in bonds, treasuries, was modest compared to the buying we saw in stocks. what do you make of that? >> it was open up eight basis points higher, and it's been glued basically to 183, 184 ever since. i think personally there's a lesson to be learned by that. i think that the fixed income market may have higher rates, but i think that that may be a bit overzealous to think that they are going to be...
231
231
Jan 3, 2013
01/13
by
CNBC
tv
eye 231
favorite 0
quote 0
santelli. rick, i'll start with you because of the market response to all of this. the dollar went higher and yields went higher, gold lower. all the things that you would imagine would be an unwinding if the fed were to begin, removing some of the liquidity, right? >> well, it's not even removing liquidity. what we're discussing isn't that they are going to sell their inventory. it's that they would stop or refrain from purchasing any more sooner than expected. >> right, and as much as i don't like these programs, and i would be very happy if they did, i still think that we are jumping to some very aggressive conclusions about some dissenters that probably have been around, and the minutes give them a better venue to air their dissension, but in the end, you know, we only see lack or truly dissent when it comes to these votes. i think it's something to reckon with and a lesson to be learned. we jumped to eight-month high yields, not because the fed is making an exit but because the market is n
santelli. rick, i'll start with you because of the market response to all of this. the dollar went higher and yields went higher, gold lower. all the things that you would imagine would be an unwinding if the fed were to begin, removing some of the liquidity, right? >> well, it's not even removing liquidity. what we're discussing isn't that they are going to sell their inventory. it's that they would stop or refrain from purchasing any more sooner than expected. >> right, and as...
135
135
Jan 16, 2013
01/13
by
CNBC
tv
eye 135
favorite 0
quote 0
joining me right now is jeff sought from raymond james and jeff ickes and our own rick santelli. and another from the floor of the exchange coming up in a moment. gentlemen, nice to have you on the program. thanks so much for joining us. >> thank you. >> let's talk, jeff, about the earnings period so far. how would you character it? >> the earnings that were being revised down all through the fourth quarter, that reversed about three weeks ago, looking for fourth quarter earnings to be up about 3.2% by the time it's all said and done. >> do you think that's priced into the market? are you expecting any surprises for the fourth quarter? >> i think the earnings are going to come in stronger than most people think. i think the big unspoken event that's happened over the past two days is that the transportation average is broken out to new all-time forever highs, and i don't hear anybody talking about that and that's pretty burlish for the executive sensitive trannies. >> let me get your take of where we are in terms of the economy. a discussion about the fed earlier in terms of the
joining me right now is jeff sought from raymond james and jeff ickes and our own rick santelli. and another from the floor of the exchange coming up in a moment. gentlemen, nice to have you on the program. thanks so much for joining us. >> thank you. >> let's talk, jeff, about the earnings period so far. how would you character it? >> the earnings that were being revised down all through the fourth quarter, that reversed about three weeks ago, looking for fourth quarter...